White Metal Resources Corp. announces that it has signed a binding letter of intent with 1259542 B.C. Ltd , to enter into an Option Agreement in respect of its 100% owned Startrek Gold-Antimony property , located about 20 km east of Gander, Central Newfoundland . Under the terms of the LOI, the Optionee can earn up to a 70% interest in the Property by: Paying $25,000 and issuing 133,333 common shares of the Optionee to [...]
White Metal Resources Corp. is pleased to announce that, subject to final regulatory approval, the Company has completed a non-brokered private placement of flow-through and non flow-through units . The Company raised gross proceeds totalling $1,225,250 by issuing a combination of flow-through and non flow-through units. On receipt of regulatory approval, the Company will issue 2,753,571 flow-through units at a price of [...]
White Metal Resources Corp. is pleased to announce that it has received an exploration update from Benton Resources Corp. for work completed to date on the Far Lake Copper-Silver Project . The Project is located about 75 km northwest of the port city of Thunder Bay and north of the Shebandowan Greenstone Belt. Benton has the option to earn up to a 70% interest in the Project . Benton has completed and received data from [...]
White Metal Resources Corp. is pleased to announce that it has signed a binding letter of intent with prospector Melvin Stewart in regards to the option acquisition of the Tower Stock Gold Project , located in Conmee Township about 40 km west-northwest of the port city of Thunder Bay, Ontario. The Project currently covers approximately 2,010 ha comprising both unpatented and patented mining claims. Under the LOI, White [...]
White Metal Resources Corp. is pleased to announce that it has signed a letter of intent with Benton Resources Inc., for Benton to earn up to a 70% interest in the Far Lake Copper-Silver Project . The Project, located about 75 km northwest of the port city of Thunder Bay and north of the Shebandowan Greenstone Belt, comprises 196 single cell mining claims and covers about 4,178 hectares. The Company recently completed a [...]
White Metal Resources Corp. announces that it has granted natural resources investor RZJ Capital Management LLC a further 6 month extension of time in regards to the previously announced binding Letter of Agreement with respect to certain licenses that comprise the Dorwit Copper-Silver Property , located in Namibia. Under the LOA, RZJ has the right to purchase 70% of White Metal's 100% owned private Namibian company Aloe [...]
White Metal Resources Corp. is pleased to announce that it has received the results of its 464 line-kilometre, fixed-wing, high-resolution aeromagnetic gradiometer and digital VLF-EM survey, completed over the Far Lake Copper-Silver Project . The airborne survey is part of the exploration program designed to follow up its successful 2019 prospecting, trenching and sampling programs that led to the discovery of [...]
White Metal Resources Corp. is pleased to announce that the company has received TSX Venture Exchange approval in regards to the Seagull Lake Platinum-Palladium Project and its letter of intent with Quadro Resources Ltd. . The Project, which covers 7,539 ha, is about a one hour drive north of the port city of Thunder Bay, is located about 50 km south of Impala Canada's Lac des Iles Mine , and is about 28 km north of the [...]
White Metal Resources Corp. is pleased to announce that it has acquired through staking a 100% interest in two prospective Cu-Ni-PGE targets totalling 3,633 ha and located about 17 km northeast of their larger 10,421 hectare Seagull Lake Cu-Ni-PGE Project . The two new targets, located approximately 85 km northeast of the port city of Thunder Bay, are about 55 to 65 km east of Impala Canada's Lac des Iles Mine and about [...]
White Metal Resources Corp. is pleased to announce that it has signed a letter of intent with Quadro Resources Ltd. in regards to the Seagull Lake Platinum-Palladium Project . The Project, which covers 7,539 ha, is about a one hour drive north of the port city of Thunder Bay, is located about 50 km south of Impala Canada's Lac des Iles Mine , and is about 28 km north of the copper , nickel , and platinum group element [...]
White Metal Resources Corp. is pleased to announce that it has signed a non-binding Memorandum of Understanding with Luxury Investments One Hundred and Ninety Two Ltd. , Kalahari Copper Ltd. , and Newco Management Team of South Africa . Along with White Metal, these three parties have agreed to work together on examining small-scale production possibilities in areas of Namibia covered by Exclusive Prospecting Licences [...]
White Metal Resources Corp. is pleased to announce that it has applied for drilling permits on its 100% owned Seagull Lake Project , northwestern Ontario. The Property, approximately a one hour drive north of the port city of Thunder Bay, is located about 50 km south of Impala Canada's Lac des Iles Mine and is about 28 km north of the copper , nickel , and platinum group element discoveries of Rio Tinto and Panoramic [...]